The price of first class stamp has followed inflation over time and has increased at a constant
Percentage over time. The most useful predictive model is probably…
A) exponential
B) power
C) linear
D) quadratic
E) logarithmic

Question

Quizplus · Accepted Answer

An exponential model is suitable for predicting values that increase at a constant percentage rate over time, which aligns with the description of the stamp price increase.

The Price of First Class Stamp Has Followed Inflation Over